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Ishortyou's
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JPM with the toxins of Bear Sterans and Washington Mutual, Bank of America with the toxins of Merrill Lynch and Countrywide as well as similar bank situations, new that they were going to get sick, but they judged that it would not be fatal and that it would be rewarding after the sickness cures itself, apparently their expectations are happening and although certainly they are unlikely to die from it, the sickness will last for a long while.
Dec 14 10:07 am
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All Comments by Ishortyou »JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties [View article]